Share Name Share Symbol Market Type Share ISIN Share Description
De La Rue Plc LSE:DLAR London Ordinary Share GB00B3DGH821 ORD 44 152/175P
  Price Change % Change Share Price Shares Traded Last Trade
  1.40 0.97% 145.40 2,286,754 16:35:22
Bid Price Offer Price High Price Low Price Open Price
145.20 146.00 147.40 142.20 142.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 397.40 9.90 3.40 42.8 284
Last Trade Time Trade Type Trade Size Trade Price Currency
17:57:41 O 4,717 145.371 GBX

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De La Rue (DLAR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-12-03 17:21:18145.845,3687,828.91O
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De La Rue (DLAR) Top Chat Posts

De La Rue Daily Update: De La Rue Plc is listed in the Support Services sector of the London Stock Exchange with ticker DLAR. The last closing price for De La Rue was 144p.
De La Rue Plc has a 4 week average price of 137.80p and a 12 week average price of 137.80p.
The 1 year high share price is 214p while the 1 year low share price is currently 137.80p.
There are currently 195,024,121 shares in issue and the average daily traded volume is 337,743 shares. The market capitalisation of De La Rue Plc is £283,565,071.93.
volvo: See the 2022-23 pe has been revised to 6....if Vacher and Loosemore get this half right, this is double the share price in a year. Amazing how they are still hovering around this level. Average for me at 152p, see 300p next year
clanger66: You look at the price movement. Since the crystal amber vote on Monday where even though 50 odd percent voted to keep the fund going, they didn't reach the maximum 75 percent needed hence DLAR share price has come back some 15 percent and part of this was pre half year results. Crystal Amber will probably be wound up, this potential has been hanging around for months now and without a doubt has depressed the price of DLAR. Once the stake has been sold I would expect the share price to jump which is why I stay invested. I didn't see anything in the results announcement to change my mind on this.
imastu pidgitaswell: It's a subjective one - but the issue for me is the 'steady state' level of earnings, rather than one or two years' growth rates, which while good, are not sustainable. We don't know that, we can't know that yet, and we don't know if 'steady state' will even happen at all. And there are a lot of things to get right internally and that assumes that nothing comes out and has an impact - which in a business like theirs is always a risk - competitors, legislations, technology etc. Put simply, there are challenges, more than usual in a business. Hence the relatively low earnings multiple that (I think) should be applied. Achieve it all, and it will deserve a higher multiple. But nothing like previous levels - there has been large dilution, so even a recovered level of profitability will be spread over a much larger number of shares. Remember, different opinions make a market - I'm not saying I'm right, but I would contend that my opinion is based on realistic and known numbers. Mind you, take a look at VLX and you can see how over-cautious I can be - I sold out of those (after buying all the way down to 30p) for not much over 200. For me, for now, the share price at 160-200 is about right and I would (and have) range traded it, very happily. Right now at this moment, at 150, I would be buying it - except I've no spare funds...😳
imastu pidgitaswell: I would agree - I wouldn't be selling at these levels, especially with the strong support at 150. 180-200 I would be a little less clear. There is such a thing as a reasonable valuation - not every share price ever is wildly overpriced or shamefully underpriced...
imastu pidgitaswell: Mmm, that's quite impressive. Your first post was on 25th May this year. On 26th May, the results came out and you posted "The results and comments encouraged me to double my position here in my SIPP." https://uk.advfn.com/forum/search?q=volvo&post_poster=on&post_post=on&index=posts&thread_id=32355696&;offset=120 The share price that day opened at 209, had a low at 184 and closed at 193. On 1st June: "Been buying here at that level ish 181p" On 19th July: "Just got my last lot at 160p, now overweight and confident" On 1st Sept: "I have spent the summer nibbling away at 170p-175p" On 23rd Sept "Final purchase today." (price was between 188 and 191) On 1st October: "Bought another 12k at 178p today" On 22nd October: "Bought 10k more stock at the close at 164p." (also had "This stock has been my worst buy of the year") On 1st November "i bought plenty in this latest slide at 165-166p" On 3rd November: "Took my last 20k at 164p today" On 10th November: "I'm in at this level again" (level was 158-161) free stock charts from uk.advfn.com And yet your average is 162, with that buying record. As I say, impressive. 🤥 It's a good business, recovering well enough - I don't see the need for ramping and porkies.
volvo: I'm watching closely re Saba Capital and the registered short position in DLAR of 1.68pc. Imo they have closed this position with the help from Crystal Amber (sold 1.45pc) this week, tidying up the loose ends yesterday. Saba owns over 25pc of Crystal Amber, they are one now really. So Crystal Amber maybe have finished selling for the time being, and we should have blue sky above, Either way the confirmation that the Saba short is closed, will be a positive for the share price
masurenguy: An interesting perspective from Merryn Somerset Webb this week. DLAR are on a current PER of circa 11 and a forward year PER of circa 8, which could have interesting implications for the valuation metric for DLAR at some point in the future! "If inflation gets to and sticks at, say, 4%, the prices of growth stocks will surely tank – you will want a 4% earnings yield to compensate for the inflation, something that suggests you won’t want to pay a price/earnings ratio of much more than 20-25 times for any equities. The p/e of the S&P 500 is currently 30 times; that of the FTSE 100 is more like 15 times. That rather suggests that if you want to avoid the worst of the inflation effect it’s time to shift from growth to value, something the clever private equity industry is already doing. There’s a reason buyout groups have paid an average premium of 47% over the prevailing share price for UK companies this year."
aringadingding: I think sometimes it takes time for share prices to catch up with reality. When things move they can surge very quickly. Otherwise I think the share price can be moved a lot by (BS) algo momentum trades. Like today the whole FTSE 250 is down 1.4% and so that pulls this down. It's all about patience and the long term. 15x EPS of 23p would be 345p.
aishah: Shares Magazine yesterday: AIM-quoted activist vehicle Crystal Amber(CRS:AIM) saw its share price slump between 2019 and 2020 and now it has been on the receiving end of a shareholder trying to shake things up. Saba Capital Management, which has a 25% stake, has said it plans to oppose the company at a continuation vote in November which means there is a good chance Crystal Amber could be wound up. The company seems to have struggled to create value at notable holdings like bank notes manufacturer De La Rue (DLAR) and oil firm Hurricane Energy (HUR:AIM), both of which have seen their market valuations slump significantly in recent years.
gargoyle2: I'm not sure that analysis tells the whole picture though, at least for DLAR shareholders. Saba has been selling DLAR shares short, thus depressing the price. Whilst I accept that Saba may have done that in order to hedge its ultimate DLAR exposure, DLAR shareholders haven't had any benefit (in terms of DLAR price increase) as a result of Saba buying into CA. So I still see it as shorting DLAR.
De La Rue share price data is direct from the London Stock Exchange
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